The Estate of Lorenzo Antonio Pastrello [2024] NSWSC 734

Supreme Court New South Wales

Medium Neutral Citation: The Estate of Lorenzo Antonio Pastrello [2024] NSWSC 734 Hearing dates: 14 June 2024 Date of orders: 14 June 2024 Decision date: 17 June 2024 Jurisdiction: Equity - Probate List Before: Slattery J Decision: Receivers appointed to hotel business. Respondent required to show cause why he should not pay the costs of the administrator's motion. Catchwords: EQUITY — Equitable remedies — Receivers – Supreme Court Act 1970, s 67 deceased estate conducts a hotel business and a related holiday park business through companies of which he was the sole shareholder – the plaintiffs, being a son of the deceased and his wife, conduct the holiday park business interim administrator appointed to estate – the defendant, another son of the deceased, conducts the hotel business – a registered liquidator appointed with a supervisory role only over the operations of the hotel business after cash deficiencies discovered in the accounts of the hotel business consequent upon a search order – after conducting investigations into the hotel business the supervisor moves for more direct powers to conduct the hotel business as a receiver – whether the receiver is impartial and should be appointed as receiver – whether the appointment of different receiver would be more cost-effective – whether the receivership should extend to the holiday park business. Category: Consequential orders Parties: Tamara Jayne Goodwin (Applicant) Gratory Pty Ltd (First Respondent) Eddy Luigi Pastrello (Second Respondent) Luisa Sonia Pastrello (Third Respondent) Robert Pastrello (Fourth Respondent) Carl Pastrello (Fifth Respondent) Christian Pastrello (Sixth Respondent) Massimo Pastrello (Seventh Respondent) Representation: Counsel: Mr R Notley (Applicant) Mr D Cook SC with Mr B Koch (Second to Third Respondents) Mr D Lloyd SC with Ms A Avery-Williams (Fourth to Seventh Respondents)